Land with Large Shop
For Sale
$120,000
144 Wildwood Lane lot A Part Of Th, Atkins, AR 72823
Land, Atkins, AR
Property Size1,200 SF
Lot Size3.66 Acres
Price / SF$100
Days on Market147
Property Features for 144 Wildwood Lane lot A Part Of Th
General Information
Property type
Land
Property subtype
Other
Vegetation
Wooded
Lot features
Mobile Home Allowed, Outside City Limits, Rural Lot
Elementary school district
Pottsville
Middle school district
Pottsville
High school district
Pottsville
Directions
Head South on HWY 247, turn left on Apache Drive, turn right on Pine Ridge Rd then left on to Wildwood lane, property will be on your right.
Standard status
Active
APN
016-00691-000A
Lot size
3.66 Acres
Taxes and HOA fees
Tax Description
PT SE SE NE
Tax Annual Amount
429
Legal Description
PT SE SE NE
Utilities
Water source
Public
Listing Agency:
Real Broker River Valley
(479) 857-3633
Listed By:
Terry L Carlson · License #SA00095476
(501) 416-6383
Added: Apr 21
Changed: Aug 31
Last Checked: Sep 14 at 12:06AM
MLS# 1343564
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property offers 3.66 acres of land with mature timber, combining open areas that have been cleared with a wooded backdrop that provides privacy and shade. Utilities are available on site, including county water and electricity. A large shop building is included on a concrete pad, offering approximately 1,200 square feet and three bay doors for storage, equipment, workshop space, or other small business uses.
The location provides practical convenience while remaining quiet and usable. The property is described as being about two miles from Pottsville schools and I-40, supporting easy access for everyday needs and general commuting.
With a mix of open ground and maintained tree cover, the site can accommodate a range of straightforward uses, from building a home site to setting up a hobby farm or operating a small business. The presence of the shop building and on-site utilities makes the property well-suited for tenants, owners, or buyers looking for land that already supports immediate work and storage needs.
The location provides practical convenience while remaining quiet and usable. The property is described as being about two miles from Pottsville schools and I-40, supporting easy access for everyday needs and general commuting.
With a mix of open ground and maintained tree cover, the site can accommodate a range of straightforward uses, from building a home site to setting up a hobby farm or operating a small business. The presence of the shop building and on-site utilities makes the property well-suited for tenants, owners, or buyers looking for land that already supports immediate work and storage needs.
Key Highlights
- 3.66 acres of mature timber with a mix of open space and wooded backdrop
- County water and electricity are on site
- 1200 SF shop building on a concrete pad with three bay doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,207
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$204,140
$204.1K
Cap Rate 7%
$145,814
$145.8K
Cap Rate 9%
$113,411
$113.4K
Market Conditions
NOI Build-Up for 1,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$16.8K $14.04/SF
− Vacancy
−$1.1K −$0.95/SF
EGI
$15.7K $13.09/SF
− OpEx
−$5.5K −$4.58/SF
NOI
$10.2K $8.51/SF
Area
Pope County, AR
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$204,140
Cap Rate 7%
$145,814
Cap Rate 9%
$113,411
Alternative Uses
Best Use
Flex RnD
$145.8K
$127.6K – $170.1K
NOI $10,207 @ 7.0% cap · market cap 8.51%
Second Best
Industrial
$66.5K
$58.2K – $77.6K
NOI $4,657 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$191.7K
$167.8K – $223.7K
NOI $13,421 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Drive-in doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 72823, AR
6,404
Population
2,792
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
91%
High-School Grad
126.6 sq mi
ZIP Area
51
Density / Sq Mi
$66,711
Median Household Income
$45,322
Median Earnings
$894
Median Rent
$140,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Open, wooded acreage with county water and electricity and a shop building with three bay doors for flexible use.
Where is this residential land & home lot located?
The property is located at 144 Wildwood Lane lot A Part Of Th Atkins, AR.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 3.66 acres of mature timber with a mix of open space and wooded backdrop; County water and electricity are on site; 1200 SF shop building on a concrete pad with three bay doors
